NEWTON v. REGIONAL INVESTMENT COMPANY

No. KCD 26706.

516 S.W.2d 822 (1974)

Terry R. NEWTON, Appellant, v. REGIONAL INVESTMENT COMPANY, Respondent.

Missouri Court of Appeals, Kansas City District.

December 2, 1974.


Attorney(s) appearing for the Case

Robert B. Langworthy, Philip B. Green, Linde, Thomson, Van Dyke, Fairchild & Langworthy, Kansas City, for appellant.

William E. Simmons, Larry E. Butcher, and Miller & O'Laughlin, Kansas City, for respondent.

Before PRITCHARD, P.J., and SWOFFORD and SOMERVILLE, JJ.


SWOFFORD, Judge.

Appellant commenced this proceeding in the circuit court for approval of an irrevocable letter of credit tendered as a redemption bond under the provisions of Sections 443.410, 443.420 and 443.430, RSMo 1969, V.A.M.S., and to redeem certain real estate which had been foreclosed under a deed of trust. The court below approved the security by order ex parte on February 14, 1973, but thereafter granted another hearing to the respondent and on...

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